Wynn earnings fall, but top estimates

JohnIttner

NEW YORK (MarketWatch) -- Wynn Resorts Ltd.
WYNN, +0.16%
said Tuesday that third-quarter earnings were $34 million, or 28 cents a share, compared to $51 million, or 49 cents a share, in the same period a year ago. On an adjusted basis, Wynn's earnings per share were 33 cents versus 62 cents. Net revenue was $773 million compared to $769 million a year ago. Analysts polled by FactSet Research estimated, on average, earnings per share of 16 cents for the casino operator.

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